OFF MARKET

11/3 Market Street
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 336m2
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Last updated 16 Sep 2024
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Property Details for 11/3 Market St, Merimbula

11/3 Market St, Merimbula is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 336m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2012
Land Size
336m2
Local Government
Bega Valley
Lot/Plan
11/SP96313

Last Listing description (February 2022)

Boasting panoramic views of Merimbula's Fishpen and beyond is this superb apartment that offers a lifestyle second to none!!! No closer proximity to town and sunlit northerly aspect, the master bedroom enjoys a large walk in robe and luxury ensuite that flows out onto a private balcony. The kitchen embraces stunning water views and offers stainless steel appliances, caesar stone bench tops, spacious lounge with reverse cycle air conditioner, separate dining area and the most enormous entertaining deck.
Also the rarity in a unit is storage. This apartment has a large over-sized double lock up garage with extra store room attached. This penthouse apartment is as good as it gets. An inspection is a must.

Property History for 11/3 Market St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$1,350,000
16 Feb 2022
  • 16 Feb 2022
    Sold for $1,350,000
  • 13 Jan 2022
    Sold
  • 21 Dec 2021
    Listed for Sale PRICE GUIDE $1,400,000
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About Merimbula 2548

The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2011 was 3,277 people. By 2016 the population was 3,544 showing a population growth of 8.1% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation. In 2011, 57.8% of the homes in Merimbula were owner-occupied compared with 58.3% in 2016.

Merimbula has 3,595 properties. Over the last 5 years, Houses in Merimbula have seen a 65.73% increase in median value, while Units have seen a 59.89% increase. As at 31 August 2024:

  • The median value for Houses in Merimbula is $893,586 while the median value for Units is $519,097.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 63 properties listed for sale, and no properties listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Merimbula.

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